BUSN 278 Budgeting and Forecasting Entire Course https://homeworklance.com/downloads/busn-278-budgeting-and-forecasting-entire-course/ BUSN 278 Budgeting and Forecasting Entire Course BUSN278 Week 1 Section 1.0 Executive Summary (Draft)
BUSN 278 Week 2 Section 2.0 Sales Forecast (Draft)
BUSN278 Week 3 Section 3.0 Capital Expenditure Budget (Draft)
BUSN278 Week 4 Section 4.0 Investment Analysis (Draft)
BUSN278 Week 5 Section 5.1 Pro Forma Income Statement (Draft)
BUSN278 Week 6 Section 5.2 Pro Forma Cash Flow Statements (Draft)
BUSN278 Week 7 Final Budget Proposal
BUSN278 Week 7 Final Presentation BUSN278 Course Project (Papa Geo’s Restaurant) Project Overview:
This is an individual project where you will be acting
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The goal is to generate an income of $40,000 per year, starting sometime in the second year of operation, as wells as profit that is at least 2% of sales.
Strategy
a) Market Focus/Analysis
The restaurant targets middle to lower-middle class families with children, as well as adults and seniors, located in Orlando, Florida. The area within 15 minutes of the store has 10,000 families, mostly from lower to middle class neighborhoods. Average family size is 4 people per household. There is no direct competition; however, there are fast food restaurants like McDonald’s, Taco Bell and Wendy’s in the geographical target market. The lower to middle class population is growing at about 6% per year over the next five years in this area.
b) Product
The product is Italian food served buffet style, in an all-you-can-eat format, with a salad bar, pizza, several different types of pasta with three or four types of sauces, soup, desserts, and a self-serve soda bar. The restaurant is also
I feel as though great food at a reasonable price along with timely service constitutes value. Price is always a factor to a customer, but they must also realize that quality food and service has a price. We currently have over 260 locations in 44 states and plan to open many new locations throughout 2007. Our
Customers come to this restaurant because of the good Italian food at a low price – you can get a meal for $7, including drinks. Customers also eat at Papa Geo’s due to the cleanliness of the facility, the speed of getting their seat and food, and the vending machines which keep the children busy while adults enjoy their meal.
Customers come to this restaurant because of the good Italian food at a low price – you can get a meal for $7, including drinks. Customers also eat at Papa Geo’s due to the cleanliness of the facility, the speed of getting their seat and food, and the vending machines which keep the children busy while adults enjoy their meal.
For this paper I choose a well know fast food restaurant, which is “Chick-fil-A”. Chick-fil-A is a restaurant that they focus on all ages, and any kind of people. On March 25, I personally went to the “Chick- Fil- A” that located beside the Pasadena City College and observe. Chick- Fil- A is a company that tries to focus on every age as possible as they can, even though the price that they had marked is high than the McDonald, Jack in the box, etc... but they are giving costumer the better quality of foods. However when I site down and observe I found out there are few families with kids, old people, students, and businessman, etc…. Moreover, Chick- Fil- A had chosen a great location to locate their restaurant, beside the restaurant, which
Our customers are the fast food restaurants, school cafeterias, hotel restaurants and grocery shopping centers.
In 1986 when the two oldest sons of Jerry and Janie Murrell decided not to attend college, they made a decision that ultimately changed their family’s lives forever. As supportive parents, the Murrell’s used the money intended for their tuition to open a hamburger take-out shop in Arlington, Virginia to keep the boys close to home and employed (Boone and Kurtz, 2012, p. 78). The restaurant was named Five Guys and a Burger, after their family of five sons. With hard work and dedication, Five Guys has flourished to over six hundred franchises in America and Canada, and has persistently multiplied despite the recent
This deli has a nostalgic and quaint vibe. The restaurant does have minimal seating, but the food is delicious. The mayo sauce is always homemade, and the restaurant has plenty of repeat customers. There is usually a long line on weekends.
* According to the brief given on Papa Geo’s restaurant, there are about 10,000 families living within 15 minutes of the restaurant. Of these, between 3% and 5% are rich households (Phoenix marketing international, Wikipedia) and it is assumed that another 15% comprise of high income and upper middle class households. That leaves about 80% of the 10000 families in the area,that are the target market for the restaurant.
(TCO 1) The type of budget that is updated on a regular basis is known as a _____.
This was the first of many presentation techniques I was not fond of. I’d suggest they served the butter in a container or bowl so they it doesn’t look so tacky and lazy. It was hard to choose a meal because of the lack of variety and creativity of the menu. When you are hungry the food looks rich, cheesy, and smells edible but the presentation is mediocre. The plates are older and the only garnish used is a bit of parsley. The food looks slapped together and there was no thought put into making it look tasty. After taking a bite of my chicken and pasta I immediately noticed the lack of fresh ingredients and overload of salt. The texture of the pasta was soft and the chicken was unreasonably dry. Prices range from nine to twenty-five dollars depending on what you get, it seems a bit high. The seafood is at the top of the price list but judging by the quality if I end up here again I’ll stick to the salad. When sit down at Bella Cucina you are immediately given fresh, hot garlic rolls and some olive oil. All of the plates and bowls are a modern style work of art. All meals are garnished and decorated with fresh herbs and delectable sauces. Everything is perfectly portioned on your plate and steaming hot. The aroma is intriguing and even though it smell delicious, the taste is like it came from a small town in Italy made by someone’s grandmother. Every ingredient has its own
Borgo 979 is a small and well-decorated food shop, located in the heart of Bologna. This food shop is a pleasant place, where one can get a taste of the best prosciutto, salamis, cheese, tigelle(small bread) and other specialties of the region. The owner of Borgo979 is very knowledgeable, and he knows about all his products, as he personally sources them from the local farms, around the area. One can enjoy a nice meal, along with a variety of local wines that are available at the food shop. There is a small seating arrangement inside the food shop, but otherwise is mostly a take away.
Eataly’s successful integration of eating, shopping and learning has achieved great rewards, as its 50,000-square-foot Madison Square Park location does approximately $85 million in annual revenue. Its even larger counterpart in Chicago, which opened in late 2013, was on pace to hit $50 million last year (Carr, 2015). Eataly opened its New York store in 2010 with an initial investment of $20 million and by 2012, investors had recouped their initial investment (Collins, 2012). In 2012, Eataly accounted for about a third of Batali & Bastianich Hospitality Group’s $250 million annual revenues (Collins, 2015).
Zachary's menu is a mix of traditional Italian items and classic American plates. Starters include cocktail shrimp, jumbo lump crab cakes, grilled octopus and a bruschetta of the day that is always a creative take on the traditional tomato, mozzarella, balsamic recipe. As for dinner plates,
Charlie Bird’s is a bright and inviting eatery serving proper Italian cuisine with a charming and modern aesthetic. Small plate options include the escarole and parmigiana salad with crispy toast and the Roman burrata with pickled cherries and almonds. Entrée options, such as the warm spring asparagus with hazelnuts and parmigiana, the roasted chicken with spicy arugula, the dry-aged bisteca alla florentina and the wild ocean trout with charred onion, speak to Charlie Bird’s commitment to inventive techniques and fresh produce. Pasta dishes are popular plates and include such items as the rigatoni with guanciale and peas, the gnocchi rosa with basil and ricotta and the lamb ragu pappardelle.
This restaurant service evaluation paper will take a look at one of Orlando’s most popular casual dining spots, Miller’s Ale House located at 5573 Kirkman Road, Orlando, Florida. Miller’s Ale House motto is “Welcome to Our House” suggesting a fun, warm, and inviting atmosphere. Miller’s Ale House is known as a casual sports restaurant and bar serving food made fresh and at an affordable price. The restaurant is also known as a great place to meet friends and family and enjoy lunch or dinner while watching a sporting event on one of their large screen televisions. Miller’s Ale House has an incredibly large outside bar and patio displaying sports on all the televisions. Customers want to experience this type of customer service along with a friendly atmosphere and